Hsin-I Hsu
Silicon valley struggle is real 😂 Buy primary or continue to rent?
21 November 2024 | 6 replies
However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, IÂ am assuming that's net profit?
Bruce Woodruff
New to me - How to handle Buyer's agent now?
21 November 2024 | 6 replies
The last house IÂ sold was last year before the ruling.You are not allowed to mention compemsation of a Buyer Agent anywhere in the listing (according to the warnings) and to do so owill result in fines imposed by the MLS.
Scott Trench
How to Write a Great Introduction to BiggerPockets
20 November 2024 | 3 replies
I look forward to meeting as many of you as possible, and feel free to @mention me (Just type in "@"Â and then "Scott Trench"Â and you'll be able to tag me so that I get alerted).
Tanya Maslach
Private Lenders : Advice on the numbers
24 November 2024 | 5 replies
@Tanya MaslachYou mention ARV as a MTR but a lender is not going to look at it that way they are gonna look at what the property is worth a single family homeIf you go DSCR they will take lower if 75-80% of appraisal or a coverage ratio.
Jerry Zhang
How to get seller onboard with Owner Financing
13 November 2024 | 8 replies
People who have money may prefer to seller finance but if someone is retiring they most likely don’t care about a higher sales price they want to avoid the riskYou mention ou have a 100% close rate - then why not just buy it was traditional financing if you really want the deal?
Jake Hughes
Cost Segregation Study
17 November 2024 | 7 replies
Quote from @Jake Hughes: Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties.
Justin Cummings
BRRRR exit strategy or next steps?
20 November 2024 | 14 replies
Something to consider is that you mentioned you had a day job so I’m assuming you’re not a real estate professional.
Hassan Kareem
Tracking hours for Real Estate Professional Status
23 November 2024 | 2 replies
As mentioned in your last sentence, you want to make sure you elect the correct election.
Andy S.
Repair Deductible Charged By Landlord
18 November 2024 | 7 replies
.: Â For example any water leak, of the contractor charges me $250, out of that $60 tenant pays.As everyone else has mentioned, charging a fee is stupid.Â
Matt Wan
Getting a mortgage as a non-resident US citizen
24 November 2024 | 8 replies
Is there a benefit to foreign national loans for a US citizen with a US credit score (the 791 I mentioned in the original post is my American score)?